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26 1 point Rapid Corp's stock has a beta of 1. If the risk free rate is 3% and the market risk premium is 12%,

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26 1 point Rapid Corp's stock has a beta of 1. If the risk free rate is 3% and the market risk premium is 12%, what is the expected return for Rapid Corp Write your answer as a percentage (le, if your answer is 9.24%, type 9.24). Report your answer to at least 2 decimal places Type your answer 1 Submit Previous 2

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